This business is a speciality, high-end boutique motel nestled in a picture book country setting in thriving and beautiful Northwest Arkansas. Established in the early 1980s, this boutique motel has it all hardwood floors, Jacuzzi king rooms, glassed-in atrium, excellent location, bustling town, increasing revenues AND a 6 figure cash flow! The business is a high tourist area of NWA, has a first-class reputation and has recently undergone a series of remodeling and renovations, making it one of the finest establishments in its market.
2017 Revenues are at a four year high, and the business has a $110,000 cash flow in 2017! This is a “can’t miss” opportunity to get into this industry with an established, well-respected and prosperous boutique motel! Make it your dream retirement place or your dream job!
- Stay open year round, currently closed for three months yearly.
- Add an additional room — used to be more rooms. One is available to convert.
- Hire additional staff to handle more customers.
- Create a Gift Shop/Retail side of the business. Guests have commented on the desire for this in the past.
- Weddings — get in with a local company advertising wedding spots. Have not done this in the past. Another market area to focus on. Small intimate weddings could be held on site.
- Group Events: family reunions, etc — exclusive to rent out entire motel for a special price. The business is doing this in 2018, which it has not done in the past.
- Covered parking for bikes to cater to motorbikers
- Getting a deal with local masseuse and packing deal with King Jacuzzi rooms.
- Sell tickets to more local attractions.
Asking Price: $650,000
Seller’s Discretionary Earnings: $109,879
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